Car Industry
- NewsAOL
Increase in car finance is unlikely to cause credit crunch despite Bank of England fears
The Bank of England has said it is worried that the current increase in people taking out car leases could cause an economic collapse. However, this has been strongly denied by the automotive industry. According to The Telegraph, those within the
- NewsAOL
China becomes world's biggest carmaker
Great Wall Motors China has become the world's biggest automotive producer, after annual output rose to 18 million cars last
- BusinessAOL
Car manufacturing propping up Britain's economy, says industry boss
A motor industry chief has said that Britain's automotive sector is playing a big part in shoring up the country's economy. Tim Abbott, president of the Society of Motor Manufacturers and Traders (SMMT), also said that the car market
- NewsAOL
BMW Group celebrates 100 years of car production at Cowley
One of Britain's most productive factories has celebrated a century of building cars. BMW's Plant Oxford passed the milestone on March 28, 2013 – 100 years to the day since the factory's first car, a Morris Oxford
- BusinessAOL
Bouncing back: UK car industry recovers to pre-recession success
A resurgence in the UK car industry has seen turnover rise to £49bn, with the number of car and vans being built hitting pre-recession levels for the first time – leaping by almost one third in 2010. The figures are according to the
- NewsAOL
Cars pile up in the Philippines
This is not a reference to a crash on Asian roads, but the fact that the whole Asian car industry has been thrown into chaos by the floods in Thailand. On the one hand, finished cars are sitting on the dockside in Manila as the photograph shows,
- BusinessAOL
Special Report: Car industry braced for chaos from Japan earthquake
As Japan counts the cost of the earthquake and tsunami, the UK motor industry is preparing for the worst. Crisis meetings are being held in car manufacturer boardrooms across the country as the ramifications of what the disaster could mean here